Unfortunately year 3 will have Fields on the books at $10M and he will be paid $5M in year 1 and 2.

I think this is overpaying but such is the nature of the restricted free agency game.

I would probably agree with you, but as pakdawgie pointed out, the cap hit is averaged, so that puts it at about 6.67M per year, which is a little easier to swallow for us. Assuming we get Nash, I suppose this means Jose will absolutely be amnestied, unless we trade him for Nash in a S&T.

Also the cap hit for Raptors is averaged over 3 years (i.e. just under $7 million) but if Knicks match they use the annual salaries and they already have $65 million committed for 2014-2015 so almost impossible for them to match and absorb another $10 millon.

I think by accepting this offer it would also place a hard cap on the knicks at $74M.

My understanding is anyone using the full MLE cannot go beyond $74M in payroll for that season.

I would probably agree with you, but as pakdawgie pointed out, the cap hit is averaged, so that puts it at about 6.67M per year, which is a little easier to swallow for us. Assuming we get Nash, I suppose this means Jose will absolutely be amnestied, unless we trade him for Nash in a S&T.

Ahhhhhhh, well that is not nearly as bad for year 3 but still kind of sucks for year 1 and 2.

I actually expect the Knicks to match. Given their cap position, would they be able to sign another free agent to replace Landry, for the price that Landry would cost to match? Imagine their fanbase if they were to renounce Fields and still not sign Nash??? They might just giveup their pursuit of Nash and bring back Fields.